Chart of the Day: Driver vs. Driverless Cars

Today’s Chart of the Day is from a Waymo*/Stanford report shared by JP Morgan that shows the “incidents per million miles" comparing human drivers, in the gray bars, to driverless Waymo autos represented in the blue bars.

As you can see from the chart, driverless cars have shown to have significantly lower airbag deployments, injuries, and police reported incidents.

If the adoption of driverless car technology continues, this could have far-reaching implications, such as lowering auto insurance costs, the need for replacement parts and repair technicians, along with a change to the type of autos that may favor comfort over performance.

*Waymo is what was formerly known as the Google self-driving car project.